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  9. Q237

RBI Grade B Officer (General / DEPR / DSIM) 2022 · Question 237 of 276

In the Sovereign Gold Bond Scheme, there is a pre-redemption period after 5 years from issuance. After this, there is a 20-day window to apply for redemption. Following 3 persons applied for the pre-redemption in 2022, whose application will be accepted? 1. Lady from HUF who has invested 12 kg in SGB in “2017 Series 1.” 2. Lady who has bought bonds in the name of her minor daughter in “2017 Series 2.” 3. Lady who has bought 50 grams in “2016 Series 2.” Which of the above statements is/are correct?

Government Schemes

  1. AA. Only 1
  2. BB. Both 2 & 3Correct
  3. CC. Only 3
  4. DD. All 1, 2 & 3
  5. EE. Both 1 & 3

Answer: B. B. Both 2 & 3

Official answer key verified. Detailed explanation coming soon.

Source: RBI Grade B Phase 2 2022 Economic and Social Issues recollected questions with answer key (EduTap compilation) · memory-based

← Q236View full paper (276 questions)Q238 →

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